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What accounting topic would this scenario fall under? LONDONBP PLC is writing down as much as $17.5 billion of its assets and might leave some

What accounting topic would this scenario fall under?

LONDONBP PLC is writing down as much as $17.5 billion of its assets and might leave some of its oil and gas in the ground because of lower energy prices and weakened demand amid the global crisis caused by the novel coronavirus.

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